“We are not selling or closing the Chalk River nuclear laboratories,” Oliver told several hundred delegates representing Canada’s nuclear establishment.
Under an arrangement known as a government-owned, contractor-operated, or GoCo, “the new model aims to bring private-sector rigour and efficiencies to the management of the laboratories and the goal of creating commercial opportunities and reducing the financial costs and risk for Canadian taxpayers,” he said.
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“Our government is committed to providing industry access to AECL’s expertise but we are also committed to taxpayers and that’s why over time the delivery of AECL’s science and technology services to industry will need to move to full costs recovery.”